NIO Sets New Record with 31,138 Vehicle Deliveries in December 2024

In December 2024, NIO Inc. delivered 31,138 vehicles in December 2024. Single-month deliveries exceed 30,000 units for the first time, marking an increase of 72.9% year-over-year. The deliveries consisted of 20,610 vehicles from the premium smart EV brand NIO, and 10,528 vehicles from the the family-oriented smart EV brand ONVO. For the full year of 2024, NIO Inc. delivered 221,970 vehicles, marking an increase of 38.7% year-over-year. NIO brand delivered 201,209 new vehicles, a 25.7% increase year-over-year, while ONVO delivered 20,761 new vehicles. Cumulative deliveries reached 671,564 as of December 31, 2024.

As the first model of NIO’s sub-brand ONVO, the L60 has been widely welcomed by users, achieving over 10,000 units delivered in its third month since deliveries began on September 28. Within 100 days of launch, the cumulative delivery volume has exceeded 20,000 units, leading the industry in delivery speed. From September 1 to the present, the number of ONVO stores has reached 300, covering 82 cities. A total of 317 ONVO authorized service centers have opened, covering 172 cities in China. As of December 31, 2024, over 1,000 NIO Power Swap Stations are compatible with ONVO L60, with further acceleration in station construction expected.

In 2025, NIO’s achievements in R&D exceeding 53 billion RMB will further manifest, and the construction of charging and battery swap infrastructure will further accelerate, leading to an increasingly better user experience.